The Reason Why Facebook Develops Stablecoin

The Reason Why Facebook Develops Stablecoin

Many strive to create actual blockchain use cases. Various projects based on clever ideas have been set out to apply blockchain to everyday lives. However, there are only a handful of successful cases, which is why many pay attention to the news that Facebook has...
Simulation of TrueBit Protocol: Part 2

Simulation of TrueBit Protocol: Part 2

Because the TrueBit jackpot mechanism’ unpredictable reward, certain tasks involve Verifiers not doing any computation and therefore not detecting wrong answers submitted by Solvers. To solve this problem, a predictable reward mechanism is needed. This article...
Simulation of TrueBit Protocol: Part 1

Simulation of TrueBit Protocol: Part 1

https://truebit.io TrueBit is a protocol set forth to expand computational performance. On the ETH blockchain, computation complexity and storage usage require a fee (gas). Because there is a per-block limit of gas, there is a clear limit to computational...
Simulation of Commission Design: Part 2

Simulation of Commission Design: Part 2

Let’s look back at our previous article ‘Simulation of Incentive Design: What is the Most Appropriate Reward System?’ We’ve learned that the review rate and endeavor levels changed in accordance with the chosen reward distribution method. This time, we will...
Simulation of Commission Design: Part 1

Simulation of Commission Design: Part 1

Commision System Design The next topic of Decon’s simulation series is the commission system design problem. Let’s say a wholesaler offers a three day deal of selling 1,000 shoes for 10,000 KRW a pair. Retailers who find this deal attractive would place their order...